New York: Actors Tom Cruise and Katie Holmes' daughter Suri Cruise is all set to launch her own fashion line.Suri, 7, will launch the line here in autumn and the label is going to be named after her. The deal is said to be signed and is of worth 1.5 million pounds, reports a website.

Suri is currently living with Holmes, who divorced Cruise last year.

"Suri is only seven but she is incredibly interested in clothes. She has been through a very difficult year and adapted amazingly to her new life in New York, including the upheaval of starting normal school," a source said.

"This is a nice hobby for her, it’s certainly not going to take over her life. Most girls dream of being able to make their own clothes, this just means her drawings will now become a reality. It’ll be interesting to see how it pans out, there’s nothing around quite like it," the source added.